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Iran has been angered by higher Saudi and Russian production in response to calls from Trump to cool oil prices and make up for an expected drop in Iranian exports due to U.S. sanctions.

"There is no other way for Saudi Arabia and Russia," said Iran's OPEC governor, Hossein Kazempour Ardebili, when asked whether the producers needed to trim output in 2019. "They pushed the prices $15 a barrel lower in one month and only made U.S. gasoline cheaper for Trump."